Exports rise aids trade surplus

A 3% increase in exports helped boost Ireland’s seasonally adjusted trade surplus by 8% in July, after three months of decline.

Newly-published trade figures from the CSO, show that the value of Irish exports grew by €184m — or 3% — on a monthly basis in July, to just over €7.33bn.

Coupled with a €61m — or 2% — drop in the value of imports, to €4.12bn; this meant that Ireland’s seasonally-adjusted trade surplus grew by 8% to €3.21bn.